
Cheap Apartments for Rent in Melbourne, FL from $300 with Swimming Pool (62 Rentals)
Search the lowest-cost Apartments available for rent right now in Melbourne.


Total Monthly Price
The Harbours

The Teale New Haven

The Savannahs at James Landing

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Lake Pointe

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Topaz Cay

Wickham Club

Springs at Hibiscus Crossing

Compass

Princeton Parc
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

Palmview Cove Apartments

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Reserves of Melbourne

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Caribbean Isle

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Lake in the Woods Apartments

The Preserve at Longleaf

City Harbor

Veridian of Melbourne Townhome Apartments

Retreat @ Golf Links

179 Ulster Ln, Unit 179

The Village at Melbourne
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

Legacy at Hibiscus Park

Villas At Blue Cove Apartments

Beachway Links

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Marisol at Viera

The Pearl of Viera

Lakeside Glen Apartments

Addison Pointe

Harvard Apartments

Grand Oaks At The Lake

Bridgewater Pointe Apartments
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

Marin at Harvard

Mode at Melbourne

Madison Midtown

Legacy at Oakwood Landing

7667 N Wickham Rd, Unit 1217

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Azul at Viera

Avocet at Melbourne

Sabal Palms Apartments

Via Tuscany Apartments

The Monroe on Monterey
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

Woodlake Village

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10X Harbour Bay

Aventine at West Melbourne

Magnolia at Palm Bay

The Braxton

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Meri Palm Bay

Westshore Palm Bay

Azara Palm Bay

Eastshore Palm Bay

The Dunes
Apartment Common Area Rules: What Renters Need to Know
From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.
Melbourne, FL Local Guide

How much does it cost to rent an apartment in Melbourne?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Melbourne Studio Apartments | $1,340 | $750 | $1,979 |
| Melbourne 1 Bedroom Apartments | $1,633 | $1,096 | $2,495 |
| Melbourne 2 Bedroom Apartments | $1,912 | $1,225 | $5,234 |
| Melbourne 3 Bedroom Apartments | $2,262 | $1,699 | $6,156 |
| Melbourne 4 Bedroom Apartments | $3,131 | $1,699 | $6,617 |
Browse Top Apartments in Melbourne
See all Apartments in MelbourneExplore Melbourne
Melbourne, FL Local Guide
- Melbourne Neighborhoods
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Don't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
Read ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Best Local Schools in Melbourne, FL
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Melbourne, FL Rentals by Map
See the most popular apartments and homes in Melbourne, FL
Frequently Asked Questions about Cheap Melbourne Apartments
What is a cheap apartment in Melbourne?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Melbourne is under $1,193.
What is the price of a cheap apartment in Melbourne?
The cheapest apartment in Melbourne is Parkway Place which is listed at $1,042, while the average apartment in Melbourne costs $5,715.
What types of apartments are the cheapest in Melbourne?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 108 regular apartments in Melbourne that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in Melbourne?
Cheap apartments in Melbourne have an average cost of $410 which is $5,305 cheaper than the average rent for all rentals in Melbourne.
Expert Rental Resources
The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.
Articles, How-To's, and Tips

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.